Energy Composites Corporation Joins American Wind Energy Association
March 27 2009 - 8:30AM
Business Wire
Energy Composites Corporation (OTCBB:ENCC) announced today that
it has become a member of the American Wind Energy Association, the
trade association that promotes wind power growth through advocacy,
communication and education. In addition to the company�s
membership, Sam Fairchild, ECC�s Chief Executive Officer, will take
an active role in helping AWEA push its renewable energy agenda
forward.
Fairchild praised AWEA�s tenacity and strength as an advocate of
renewable energy solutions, noting that �AWEA is the national voice
for the U.S. wind industry, with a strong record of success and an
excellent portfolio of information and analytic resources available
to its members. Membership in AWEA strengthens our launch platform
for the Company�s wind energy strategy, including blade
manufacturing and MRO services. Over the next several weeks we will
share with investors each of the concrete steps we are taking to
make that strategy a reality.�
Fairchild added that �ECC�s commitment to the wind market is
very strong -- we see composites playing a larger and larger role
in the successful transformation of wind power as the nation�s
alternative energy solution. ECC�s advancements in design,
materials, production techniques and product technologies will
provide us with a significant competitive edge as we roll out our
wind market penetration strategy. We are also focused on expanding
our field services capability to become a major player in
composites maintenance, repair and overhaul for the wind
sector.�
Jamie Mancl, ECC�s founder and President, noted, �I am confident
that we can bring as much value to AWEA as we expect membership in
the organization will bring to us. We believe that greater use of
advanced composites in the wind energy supply chain will drive
substantially higher financial returns to wind farm developers and
greater value to the nation as a whole.�
About Energy Composites Corporation
Energy Composites Corporation operates a world-class, automated
73,000 sq. ft. climate-controlled manufacturing facility in
Wisconsin Rapids, WI, employing advanced composite materials to
design, engineer and manufacture complex composite structures,
vessels and processing systems for a range of clean-tech
applications that include: wind energy system components, flue gas
desulfurization for power plants, infrastructure for biofuel
storage and processing, infrastructure for managing waste water and
drinking water storage, advanced municipal utilities
infrastructure, and caustic material storage and handling systems
for the petrochemical, mining and the pulp and paper industries.
ECC also provides 24/7 field service crews nationwide for wind
energy system composites maintenance, repair and overhaul;
industrial retrofit, shutdown and maintenance; system installation;
and repair and inspection services. For additional information,
visit our website at www.energycompositescorp.com or contact Sam
Fairchild at 1-800-787-5439.
Certain statements found in this press release may constitute
forward-looking statements. Forward-looking statements are based on
current expectations and include any statement that does not
directly relate to a current or historical fact. Such statements
are generally identifiable by the terminology used, such as
�anticipate,� �believe,� �intend,� �expect,� �plan,� or other
similar words. Our forward-looking statements in this release
generally relate to our expectations and beliefs with respect to
our growth and expansion activities and plans. Although it is not
possible to foresee all of the factors that may cause actual
results to differ from our forward-looking statements, such factors
include, among others, the following: (i) unforeseen delays, costs
or liabilities associated with our growth and expansion plans; (ii)
our ability to successfully remediate internal control
deficiencies; (iii) fluctuations in general economic conditions;
and (iv) those risks described from time to time in our reports to
the Securities and Exchange Commission (including our Annual Report
on Form 10K). Investors should not consider any list of such
factors to be an exhaustive statement of all of the risks,
uncertainties or potentially inaccurate assumptions that could
cause our current expectations or beliefs to change. Shareholders
and other readers should not place undue reliance on
�forward-looking statements.� as such statements speak only as of
the date of this release. We undertake no obligation to update
publicly or revise any forward-looking statements, other than as
required by law.
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